A major New Jersey real estate company, Laguna Reserve Apts Investor LLC, just filed for Chapter 11 bankruptcy, putting hundreds of millions in assets and debts on the line. They’re asking the court to fast-track the process, hoping to stabilize quickly and keep their business running. This move could impact local renters, property values, and even the broader NJ housing market. With so many creditors involved, what does this mean for the community and the future of real estate in the area? Let’s talk about how these market shifts are affecting our neighborhoods. #RealEstate #NewJersey #Bankruptcy